Copenhagen-based Monta have raised €30 million to support the creation and usage of new electric vehicle (EV) charging points, supporting Europe’s goal to build one million by 2025.
Their platform simplifies and streamlines the deployment, use, and management of EV charging infrastructure .
Monta has secured strategic partnerships with hardware manufacturers to launch its Powered by Monta (PBM) program in multiple markets. Key partners include Garo, CTEK, and ABB which each boast a range of charge points in Europe as well as Zaptec, which recently launched Zaptec Park, a co-branded app for its users.
The company now plans to strengthen its position in Scandinavia, Germany and the UK, and expand to new territories, including North America.
Monta also aspires to facilitate the sale of excess power back to the grid, manage interoperability with other zero-carbon technologies, support creation of local energy markets, and empower end users with ownership over their energy consumption.
Casper Rasmussen, Monta CEO, explained: “We are aiming to fully digitalize the EV ecosystem to tackle all the immediate challenges within the industry and build toward a more transparent and flexible future. By partnering with hardware OEMs we can deliver new features straight out of the box…and automatically offer a fair price for charging.
“The ability to take advantage of these new opportunities requires changes in information flows among grid devices as well as innovations in communication and coordination tools that increase the observability, predictability, and controllability of the grid. The societal impact and environmental potential of these technologies are massive.”
Learn more at the Monta website.
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Copenhagen based Monta raises €30-million to power Europe’s EV charging ecosystem, EU-Startups, 2022-09-14